Research & Advisory
Technological leaps – aimed at making the environment cleaner and introducing better-functioning and smarter machines – are rapidly changing the dynamics of Industrial Manufacturing.
As a new era of machines takes over, operating costs are expected to fall and efficiency is expected to rise dramatically, while end-users gain more control – all thanks to the digital/smart age, which is set to leave its mark throughout the manufacturing domain.
The new digital world heralds a wave of astoundingly swift disruption.
Notable changes that are already starting to shape the future of industrial manufacturing include:
- Use of smarter machines through connectivity, digitalization, big data, IoT, AI, and Machine learning
- Increasing adoption and penetration of additive manufacturing
- Shift from equipment sales to outcome-based /performance-based pricing model
Changes in the way we use and power the machines, the ‘support’ that we draw from digital intelligence, the autonomy of the machines and the inter-connectivity – both on and off the production line – are driving a transformational shift in the entire eco-system.
Having been focused on these megatrends and innovations since they began to emerge, we enable businesses to update their strategies to keep ahead of the rapidly changing competitive landscape. Anticipating and tracking disruptions, our insights position our clients at the forefront of the future.
Applications of Industrial Internet of Things in the Oil and gas Industry
Industrial Internet of Things (IIoT), also known as Industry 4.0 or Industrial Internet, is a smart network of machines, advanced analytics and people that enables the monitoring, collection, exchange, analysing, and delivering of valuable data to help drive smarter and faster business decisions. This paper examines the growing applicability of IIoT in the Oil and Gas industry, and also lays out the cost-benefits of moving from a conventional method to a more enabled data driven platform.Read more
3D Printing and Healthcare Opportunity
3D printing has the potential to revolutionize product development, and manufacturing in healthcare domain. It is on the verge of fulfilling the promise of personalized/ customized device or drug, a concept that is extensively being explored within the industry. The innovations in this technology are set to improve patient care and the treatment of illnesses. This paper discusses the various ways in which drug discovery can be benefitted by 3D printing technology. We also discuss the potential innovation in supply chain systems in the life sciences industry.Read more